Buy Silver May 2021 @ 64750 SL 64000 TGT 65700-66500.MCX
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SILVER
Silver trading range for the day is 62942-66228.
Silver gained on a retreat in the dollar and U.S. bond yields, while grim jobless data raised prospects for a slower economic recovery.
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, the Labor Department said.
Also, President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, which could push inflation higher.
The yield on the U.S. 10-year Treasury Note dropped from around 1.7%.
BUY SILVER MAY 2021 @ 64750 SL 64000 TGT 65700-66500.MCX
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